BEIJING, May 27, 2022
/PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company")
(NYSE: DAO), a leading technology-focused intelligent learning
company in China, today announced
that it issued its first Corporate Social Responsibility (CSR)
report on May 23, 2022. The CSR
report outlines Youdao's key policies and performance in 2021 in
relation to Youdao's responsibility as a corporate citizen,
including its initiatives to enact positive influence on its users,
employees, key stakeholders and society at large.
As part of its mission, Youdao strives to promote the
development of high-quality education rooted in innovative
technology and content, and to empower the industry and society
with the benefits of digitalization and impactful learning
scenarios.
Dr. Feng Zhou, the Chief
Executive Officer and a Director of Youdao, said, "Over the past
year, we have made considerable efforts to propel the development
of technology-focused high-quality education, promote industry
collaboration, and support vulnerable groups by leveraging our
technological innovation. We will continue to build Youdao as an
enterprise that can bring greater value to our users and the
broader society, while constantly developing and delivering new
product and service offerings to promote the long-term development
of intelligent learning."
Youdao's complete 2021 CSR report is currently available in
Chinese on https://note.youdao.com/s/JI6JiMsF. Key highlights from
the report are listed below.
Support for Education Industry Players
Youdao is dedicated to the sustainable development of the
education industry, while actively seeking business transformation.
To date, Youdao has:
- Entered into mutual assistance agreements with more than 20
educational institutions in 2021 who faced difficulty in continued
operations, and provided learning services to their students free
of charges following the adverse regulatory development. Youdao,
according to its internal statistics, has offered over 50,000
exchange courses in total, relieving the students' burden of not
being able to enjoy the contents after purchasing courses.
Support for Students during the COVID-19 Outbreak
During the outbreak of the COVID-19 pandemic, Youdao has
actively utilized its scientific and technological innovation
capabilities to help the majority of college students to keep
learning even when offline classes were suspended.
- Launched the iCourse International MOOC Platform, in
conjunction with Higher Education Press. The platform has 193
online courses launched from over 50 top universities in
China, synchronizing the
high-quality Chinese university curriculum resources with the rest
of the world.
- Youdao Smart Cloud AI opened its platform to offer
a free remote teaching system to primary and secondary schools and
training institutions in China,
and provided free learning services to more than 2,500 schools and
institutions to serve around 2 million students.
- Donated 1,700 Youdao Dictionary Pens to the children of
the medical staff who fought against the COVID-19 pandemic in
Hubei province.
Support Rural Areas
Youdao continues to pay attention to the vast number of children
in China's rural areas. The "One
Screen" project held by NetEase Public Welfare has enabled distance
learning by offering online courses in schools from remote areas in
Sichuan, Hunan, Gansu,
Chongqing, and other provinces and
municipalities.
- By the end of 2021, more than 100 schools and thousands of
students had benefited from the "One Screen" project.
- Youdao launched the "Youdao Foreign Language Reading Corner"
public welfare project in 21 provinces, municipalities and
autonomous regions nationwide, benefiting nearly 60,000 children in
rural areas as of December 31,
2021.
Support People with Disabilities
Youdao continues to remove learning barriers for people
with disabilities, and optimize user experience of Youdao knowledge
tools from multiple ports of iOS and Android.
- In 2021, Youdao launched a handful of assistance projects
that helped nearly 1,000 people with disabilities to successfully
find jobs at Youdao, as well as its business partners.
- Youdao joined the China Information Accessibility Products
Alliance (CAPA), and launched an accessibility version of Youdao
Dictionary by leveraging its self-developed scientific and
technological capabilities to enable a user-friendly experience for
the disabled.
- Youdao is recognized as the "Social Responsibility
Demonstration Enterprise 2021" for Youdao's special contribution to
the disabled population.
Support the Public Welfare after Natural Disasters
Youdao announced a donation and emergency aid program to support
the reconstruction in Henan
Province, China after
severe deadly floods affected the region.
- After disastrous storms hit Henan in July
2021, Youdao quickly joined with public welfare partners to
support the post-disaster reconstruction of ten schools and
kindergartens, covering 10,000 students in the affected area.
Support Life-long Learning for Learners
Youdao launched NetEase Cloud Classroom and Chinese
University MOOC to promote the online education for adults.
- As of December 31, 2021, the
number of courses on the NetEase Cloud Classroom had
exceeded 10,000, with a total of over 100,000 class hours, covering
more than 10 categories such as financial management, interest
courses and parent-child education.
- In 2020, Chinese University MOOC opened 554 high-quality online
courses, accounting for 66.7% of the total number of "National
Excellent Open Courses" recognized by the Ministry of Education,
and ranking first among all MOOC platforms in China.
Support Education Digitalization
Youdao launched a series of end product and service offerings
based on its Smart Cloud AI technology with a goal to
empower on-campus intelligent teaching.
- By the end of 2021, Youdao had provided top-level design and
overall solutions on education digitalization for schools in
multiple regions. For example, Youdao has entered into strategic
partnerships with more than 300 schools in 26 provinces to provide
local teachers with Youdao Smart Learning Terminal and its
supporting solutions, empowering them to dynamically track
students' learning progress and thereby optimize their teaching
results.
This CSR report also elaborated on the Company's social value
concept from the perspectives of green supply chain, technological
innovation, and employee care.
About Youdao, Inc.
Youdao, Inc. (NYSE: DAO) is a leading technology-focused
intelligent learning company in China dedicated to developing and using
technologies to provide learning content, applications and
solutions to users of all ages. Building on the popularity of its
online knowledge tools such as Youdao Dictionary and Youdao
Translation, Youdao now offers smart devices, STEAM courses, adult
and vocational courses, and education digitalization solutions. In
addition, Youdao has developed a variety of interactive learning
apps. Youdao was founded in 2006 as part of NetEase, Inc. (NASDAQ:
NTES; HKEX: 9999), a leading internet technology company in
China.
For more information, please visit: http://ir.youdao.com.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about the Company's
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties, and a number of factors could cause actual results
to differ materially from those contained in any forward-looking
statement. In some cases, forward-looking statements can be
identified by words or phrases such as "may," "will," "expect,"
"anticipate," "target," "aim," "estimate," "intend," "plan,"
"believe," "potential," "continue," "is/are likely to" or other
similar expressions. The Company may also make written or oral
forward-looking statements in its reports filed with, or furnished
to, the U.S. Securities and Exchange Commission, in its annual
reports to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about the Company's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding such risks, uncertainties or factors is
included in the Company's filings with the SEC. All information
provided in this press release is as of the date of this press
release, and the Company does not undertake any duty to update such
information, except as required under applicable law.
Investor Enquiries:
Jeffrey
Wang
Youdao,
Inc.
Tel: +86-10-8255-8163 ext.
89980
E-mail:
IR@rd.netease.com
Media Enquiries:
Youdao, Inc.
globalpr@service.netease.com
Tel: (+86) 571-8985-2668
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SOURCE Youdao, Inc.